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ORDINANCE NO. 74 or r;J! STATE OF TEXAS COUNTY OF GUADALUPE CITY OF SCHERTZ J On this, Septemoer 6, 1962, the 'City Council of the City of Schertz, Texas, regularly convened at a regular meeting in the City Hall of the City of Schertz, Texas. with the following members present, namely: Roy W. Richard v'Elgin Beck " i Geo. P. Bolton v R. R. Cosby (,,,,,'t;; i' ",W. E. Ebert c" ,. Ralph R. Ikels' p'. ' ',,/,,;:~A,'-,. Mayor Alderman Alderman Alderman Alderman Alderman ...' '" ~,..'.':! .-~.\., and Geo. W. Pickrell City Secretary at which time the following proceedings, among others, were had. to-wit: Mayor Roy W. Richard introduced a proposed ordin- ance levying taxes for the year 196~ in and for the City of Schertz, Texas, hereinafter set forth. The ordinance was read in full and a full discussion and consideration thereof then ensued. Alderman --(+~ /Ju.4t,;,P jl,,{f'<'''"moved that said ordinance be passed and adopted., The.~t~on was seconded by Alderman ~o.jlfl v 0?KU~ .,'i ~,,'~~~V~otion carried by the following vot~: AYES: Mayor Roy W. Richard. and Aldermen Beek, Geo. P. Bolton,...R.R,~-S'<>s-by, W...-E...~ert and Ralph R. Ikels ~-'" ""'.'" ~f!.'" I . ,~}c.l',~ ~). ',"",/\<,1 ,-':"~ ~.>. .. L~ .I ,~. ,,!;' "\.'.-,, ., .".'~ ", NOES: None Thereupon, the Mayor announced the ordinance finally passed and adopted. and said ordinance as passed and adopted by the C1 ty Council and approved by the Mayor of the City of Schertz. Texas, is as follows: -1- AN ORDINANCE ~ LEVYING TAXES FOR THE YEAR 19623 WHEREAS, the City Council o~ the City o~ Schertz, Texas, has not passed and adopted an ordinance levying annual taxes ~or the year 196~jand it now considers it necessary and desirable, at this time, to pass such ordin- ance levying ad valorem taxes on all taxable property in the City of Schertz, fpr the year 1 962;Jand WHEREAS, this City Council, after due consideration, finds and determines that to pay the operating expenses o~ the City which will accrue ~or the ensuing year, herein referred to as the tax levy ~or General Fund purposes, that a tax o~ and at the rate of thirt~~A't1 ($O~~g) on each ,....----..' one hundred dollars ($100.00) assessed valuation o~ all tax- - able property in the City should be levied ~or the year 196~~, and that to pay the interest and principal requirements in the year 19{J on the outstanding CITY OF SCHERTZ FIRE ENGINE 4% WARRANTS. SERIES A - 1959, dated October 1, 1959. that a tax of and at the rate o~ six cents ($0.06) on each one hun- dred dollars ($100.00) assessed valuation of all 'taxable - :5. property in the City should be levied for the year 1962; and that to pay the interest on and to create the necessary sinking fund on the $301,000 CITY OF SCHERTZ SEWER SYSTEM BONDS. SERIES 1962, dated June 1, 1962, heretofore authorized by an ordinance passed and adopted on this day, that a tax ,61) of and at the rate of sixty ~ine cents ($0.69) on each one hundred dollars ($100.00) assessed valuation of. all taxable property in the City should be levied for the year 196~' thereby making a total ad valorem tax levied for the year 196250f and at the rate of one d~ilar and f;l.yecents ($1.0'5) !,OIJ on each one hundred dollars ($100.00) assessed valuation of all taxable property in the City of Schertz, Texas; NOW. THEREFORE, -2- BE IT ORDAINED BY THE ,CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS: I That, for General Fund purposes of the City of Schertz, Texas, there shall be, and there is hereby levied, tnirty,~~irfs"($O:'%) on each ___<<" a tax df and at the rate of one hundred dollars ($100.00) assessed valuation of all , taxable property in the City of Schertz, Texas, for the year 1962~ II That, to pay the interest and principal require- "" ments due in the year 1963' on the outstanding CITY OF SCHERTZ FIRE ENGINE 4% WARRANTS. SERIES A - 1959, dated October 1, 1959, there shall be, and there is hereby levied on each one hundred dollars ($100.00) assessed valuation of all taxable property in the City of Schertz, Texas, for the year 1962', a tax of and at the rate of six cents ($0.06).- III That, to pay the interest on and to provide the necessary sinking fund on the issue of $301,000 CITY OF SCHERTZ SEWER SYSTEM BONDS, SERIES 1962, dated June 1, 1962, there shall b~ and there is hereby levied on each one hun- dred dollars ($100.00) assessed valuation of all taxable , - property in the City of Schertz, Texas, for the year 1962} (,0 a tax of and at the rate of sixty-~ cents ($0:69). IV ,,/ " ",," That the total tax hereby levied on each one hun- dred dollars ($lOO.OO) assessed valuation of all taxable property in the City of Schertz, Texas, for the year 19627 shall be of and at the rate of one dollar ana fi"e centa ($1;c)5), of which, a tax of and at the rate of thi~y ~~s , /.41) ($O.30). as aforesaid, shall be and is hereby levied for '31f General Fund purposes of said City, and of which, a tax of and at the rate of oe~~'i1y'~ifve--cent-'s ($o.r1~), as aforesaid, .--".y-,~ -3- shall be and is hereby levied for interest and sinking , fund purposes, and said taxes hereby levied shall be applied to the purposes named. ". " 11' "r," .'",' I.!. '<'~'<"~'( ..-" "~.~ l.-~ ' ...... PASSED. ADOPTED AND APPROVED this September 6, 1962. (Seal of City) STATE OF TEXAS COUNTY OF GUADALUPE I CITY OF SCHERTZ I, GEO. W. PICKRELL, City Secretary of the City of Schertz, Texas, DO HEREBY CERTIFY that the above and fore- going is a true and correct copy of an ordinance and the minutes pertaining to its adoption, which ordinance was duly and legally passed and adopted by the City Council of the City of Schertz, and approved by the Mayor of the City of Schertz, Texas, at a regular meeting held on September 6, 1962, at the regular meeting place in the City Hall in the City of Schertz, Texas, and that same appears of record in Book , of the Minutes of said City Council; and that I am the'lawful possessor and custodian of such books and records of the City of Schertz, Texas. WITNESS MY HAND AND SEAL OF SAID 6" 1962. v -~." .. ,:~~ CITY, this, September (Seal of City) ! ) " ,- , ,,' ! -.- if, 1/" r A ,{ RAJ' 1:. ( City Secretary - City ~f T Schertz e x a s .1. :~" " f -4- ~